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demand. the impact of china and drop in oil prices making the energy sector the worst performing sector today. oil settling down by $3.75. i am here filling in for liz claman because liz claman is in cleveland, of ohio. her old stomping ground as part of the open for business series and liz will talk to business leaders to find out how the city turned itself around. we want to know. give us a preview. liz: is part of our fox business series open for business. how could cleveland not be? this is the place. i just landed and got to the ritz hotel and saw jimmy page in the elevator. i am kidding but this is the home of rock-and-roll. it is where the term rock-and-roll was coined but also where the traffic light was invented and the alkaline battery and a gas mask and electric light system. so much industry began here and so much is happening here. wait till you see what we are going to do the next two days. starting tomorrow through friday cleveland opened for business. we have got everybody in coming including we like to say he is a little bit country rock and roll. the tennessee billiona
energy. they are in six states including new york and new jersey and ohio. they are a huge energy concern. they do electricity and natural gas and coal-fired generation and nuclear. what is the landscape for energy? the electrical utilities. back to you. dave: before that we tell you what drove the markets with the data download. some jobs euphoria did fade with all three major indices losing ground. the dow is the only index that managed to eke out modest gains. stocks posting of a first weekly gain. closing weaken the green but financials technology was the biggest lagger. the economy added 14,000 jobs in september narrowly beating the economist estimates. the unemployment rate went the other direction and for the first time in forty-four months dropping to 7.8% from 8.9%. we get into details of that. a lot of people are skeptical. bold falling from an 11 month high following the september jobs report. oppresses metal jumped $17.95 before settling at $1,080 an ounce. let's get today's action from the pits of the cme. paul desmond will tell us why you need to watch small caps carefully.
that the president and mitt romney should use to win tonight. that is always fun. >>> plus energy will likely be a key focus this evening. we'll compare and contrast both plans. more "money" coming up on the other side of this break. ♪ [ mujahid ] there was a little bit of trepidation, not quite knowing what the next phase was going to be, you know, because you been, you know, this is what you had been doing. you know, working, working, working, working, working, working. and now you're talking about, well you know, i won't be, and i get the chance to spend more time with my wife and my kids. it's my world. that's my world. ♪ wouldn't it be nice if there was an easier, less-expensive option than using a traditional lawyer? well, legalzoom came up with a better way. we took the best of the old and combined it with modern technology. together you get quality services on your terms, with total customer support. legalzoom documents have been accepted in all 50 states, and they're backed by a 100% satisfaction guarant. so go to legalzoom.com today and see for yourself. it's law that just makes
duke energy saying all because of epa regulations. coal miners union is not endorsing president obama this time around. many say the state of the coal industry will be a big factor in the election. here is the question? is this because of regulation or is the industry shifting to cheaper natural gas. thanks for joining us. >> thanks for having me back. melissa: as you know i covered the energy industry for a long time and i do think the epa hates coal but i'm not sure if the transition we're seeing now is as a result of that or because natural gas is plentiful and cheap. >> both play a factor, by far the driving force is the epa's war against coal. melissa: how do you know that? >> first of all, president obama before he was elected last election time he said you could use coal but under his cap-and-trade plan utilities would likely go bankrupt. he tried cap-and-trade. that failed. he is using epa after epa. look, from cradle to grave they're trying to bury the coal industry. you can't get a mining permit. in fact, arch coal had a water permit pulled during active mine. then they're m
margin of history. it was a stopping by any estimation. governor romney brought more energy, and frankly i think more intellect and knowledge to that debate. he just was spectacular. i hear a number of people that keep this been going from the spin room last night talk about the president just not being into it and not being prepared. what we were watching was not a difference in separation, we were watching a difference in capacity. governor romney put on an extraordinary performance. melissa: what do you think becomes the take away quote? i think trickle-down government may be the take away quote. it is so perfect. lou: trickle-down government relentlessly over the course of the days until november 6. it is precisely -- it is precisely frank. melissa: it captures what is going on. lou: this governor laid it out starkly, clearly, this is a choice as he has been saying for some time. it is a choice. between government and freedom, between entitlement and opportunity and he drew that clear line. he did so eloquently and i think just utterly brilliantly. lori: we are both inhaling to ask t
and training. i think it's important for us to develop new sources of energy here in america, that we change our tax code to make sure that we're helping small businesses and companies that are investing here in the united states, that we take some of the money that we're saving as we wind down two wars to rebuild america. and that we reduce our deficit in a balanced way that allows us to make these critical investments. now, it ultimately is going to be up to the voters, to you, which path we should take. are we going to double down on the top-down economic policies that helped to get us into this mess, or do we embrace a new economic patriotism that says america does best when the middle class does best? and i'm looking forward to having that debate. >> moderator: governor romney, two minutes. romney: thank you, jim. i'm pleased to be at the university of denver, appreciate their welcome and also the presidential commission on these debates. and congratulations to you, mr. president, on your anniversary. i'm sure this was the most romantic place you could imagine, here with me. [laughter]
or eric clapton. put on your trivia hats. coming up, i will tell you the answer. stay tuned. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. ♪ >> welcome back. we are taking a look at your top commodity movers. looking at rbob
income earners passed this november. this is a big deal but they hope green energy will fill the gap, dream energy will be the jobs engine and silicon valley will help out. dagen: job losses in this state or movement of jobs out of the state could turn the tide in terms of what politicians one? at what point does it reach a level that they can continue to ignore it? >> i don't think politicians in california care about these jobs. i think they care about high tech jobs and green jobs and their view that only the jobs in california that we don't really want mcdonald's or care about those. they won't states it publicly but that is the mentality and mindset and how they are operating. dagen: thank you. [talking over each other] dagen: southern california is beautiful. connell: you heard from president obama talking about the jobs report this morning at a campaign rally in virginia. we expect to hear from it romney any minute. he is also in virginia. wayne rogers joins us from pensacola, florida to talk about this. what was your first reaction to the jobs report? >> not a lot is being do
. maybe we could also throw in dollar versus euro. >> energies love heavy. i think we are going lower. we got below $90 good we could not get back above. that is bearish for crude oil. down i think we go. overall, though, the economy is slowing down. supplies increasing in crude oil. down it goes. i think we see $86 crude oil. liz: if the weather here in cleveland is any indication of what will happen in new york, connecticut and new jersey, it is getting a little bit colder here. watch out. the dollar versus the euro. $1.30. what happened to our dollar? >> good afternoon. the dollar -- the trade was so crowded. everyone was trying to short the euro. we have a little bit of a rally. i think the dollar will show some strength you're coming in the next couple of weeks. i think the euro will come down much lower. 125-120 before the end of the year. i think the dollar will gain a lot more strength. liz: what happened sunday with the market? >> we are starting earnings season. i think the market will continue to turn. i think we are stuck between 1450 and 1475. i do think you will see somethin
candidates outline energy policy earlier in the debate. who do you think is the better plan and who will you vote for in the presidential election? >> you know, i don't want, i don't want to go to choose one of them because i don't see any, any result. i mean if somebody is going to tell me, hey, you know what, sam, you're right, we're going to do something about this. we'll help little businesses. i just hear talk. are we going to help the little guy, middle class, small businesses but i'm not seeing it. every time, like i said been here over 30 years in the same location. when i try to get a enlo, told me, we're sorry, we can't give you a loan because you're overqualified. what do you mean overqualified. lori: i'm so sorry to cut you off. we understand your frustration. appreciate you sharing your challenges with us. good luck. we will check in with you soon. >> thank you. melissa: coming up, wow, he was on fire, huh? lori: has a lot to be frustrated. his whole business is threatened because of soaring gas prices they're not containing. >> that's true. coming up tonight on "money", fill an
company called maxim energy. we sell diesel to drilling rigs and fracking rigs. that will be a big place of business for us here. liz: i'm looking over your right shoulder at the stadium. back in the day i was at cleveland stadium where they had holes in the window -- i mean right over there is lake erie so it is freezing during the winter. i can remember a denver game where i think my fingers froze around the coca-cola cup. will you put a dome on this stadium? is that a consideration you have thought about? >> we've said we're going to bring stadium architects in. this stadium is 15 years old, needs some work. we will look at any and all options to make the stadium more friendly to the fans. liz: i don't think it's that old though. >> in 15 years if you think where this stadium sits and the weather it is exposed to, it is outdoor stadium, the wear and tear these stadiums take, you have to stay up to speed and stay modern. there's been a lot of stadiums built since then. liz: the ref lockout, it's now over. sadly cleveland couldn't win even with the replacement refs. the nfl structure, a
solar stocks, be now by romney last night the whole idea of green energy solar stocks getting a bump. nicole: we saw facebook, a lot of other stories. some would say romney is out. dave: the end of the trading they comes to pass and look at how stocks are finishing a. the dow is up 82 points. looks like it is trading on a higher side as we end the trading day. the s and p f ten points. a higher percentage average. nasdaq up half percentage point. and small and medium-size stocks getting a nice bump as well. all of the stock indices are in the green and the question whether or not there was a romney bump we will go into our stock analyst. let's talk about oil surging back after falling posting its largest 1 they% decline since 2000. and settling a little less than 4% but big movement. reinvigoration of the economy on its feet. interesting that people put more money, there was stock from a the ecb, and they would be euro printing. and giving some impetus to the rising gold but some say it is time to become too much bluster and dropping back a little bit after its recent run up.
Search Results 0 to 11 of about 12